1 in 6 American households behind on their utilities


Comments
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Same % are retards
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True but the party that claims to protect retards is the party that is jacking their utilitiesMikeDamone said:Same % are retards
Or maybe BIG POWER is
Not sure -
Joe Biden and his Big Power buddies?RaceBannon said:
True but the party that claims to protect retards is the party that is jacking their utilitiesMikeDamone said:Same % are retards
Or maybe BIG POWER is
Not sure -
Another vote buying opportunity for Joey
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Berkshire Hathaway is one of the biggest energy companies in the US and owns several huge regulated electric utilities. In 2021 Berkshire alone had $1.9 billion in energy tax credits for wind and solar power. They are a huge lobbyist for the extension of the "green" energy tax credits that just passed in the "Let's Increase Inflation Act". The way regulated utilities work is that the shareholders are guaranteed an after tax rate of return (currently around 8%) on its investment in utility property. The utility shareholders don't care in what they invest as long as they get paid. So, shutting down a $500 million coal plant and replacing it with a billion dollars of wind and solar is a huge win for the shareholders. It's a big loss to the utility customers and to the reliability of their electricity supply. To increase reliability means lots more expensive transmission lines which of course means more income to the shareholders and paid for by the utility customers.RaceBannon said:
True but the party that claims to protect retards is the party that is jacking their utilitiesMikeDamone said:Same % are retards
Or maybe BIG POWER is
Not sure -
I'm only behind because I can't keep track of all my auto payments, the cards they're tied to, then you lose a card, etc. Once I get the "hey we're gonna shut off your water/power/internet" letter, I immediately pay them.
I imagine a lot of people are the same. It's all about understanding the data. -
Good point. Totally explains why the delinquency rate is going up.Fenderbender123 said:I'm only behind because I can't keep track of all my auto payments, the cards they're tied to, then you lose a card, etc. Once I get the "hey we're gonna shut off your water/power/internet" letter, I immediately pay them.
I imagine a lot of people are the same. It's all about understanding the data. -
What's the normal rate vs now?
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The poverty rate is usually between 12 and 20 percent. 1/6 is 16.666
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Lots of 1/6 math talk lately.
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Wait another 6 months or a year. This will be a candidate for "This post didn't age well"MikeDamone said:Same % are retards
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Putin is a party?RaceBannon said:
True but the party that claims to protect retards is the party that is jacking their utilitiesMikeDamone said:Same % are retards
Or maybe BIG POWER is
Not sure -
The party of price hikesSFGbob said:
Putin is a party?RaceBannon said:
True but the party that claims to protect retards is the party that is jacking their utilitiesMikeDamone said:Same % are retards
Or maybe BIG POWER is
Not sure -
It only accounts for one person out of 65 million.WestlinnDuck said:
Good point. Totally explains why the delinquency rate is going up.Fenderbender123 said:I'm only behind because I can't keep track of all my auto payments, the cards they're tied to, then you lose a card, etc. Once I get the "hey we're gonna shut off your water/power/internet" letter, I immediately pay them.
I imagine a lot of people are the same. It's all about understanding the data.